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Knicks Rumors: New York agrees to contract with Mario Hezonja

The New York Knicks have acted swiftly during the 2018 period of free agency. Mere hours after the wildest time of the NBA year commenced, the Knicks re-signed free agent center Luke Kornet to a one-year deal worth $1.6 million.

Less than 24 hours later, New York struck again with a signing that targets its need for an infusion of perimeter talent.

It was reported early on July 1 that the Knicks shared mutual interest with former Orlando Magic forward Mario Hezonja. The negotiations escalated quickly, as New York offered a portion of its Mid-Level Exception to the former top-five draft pick.